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Land Transfer Tax Calculator

Ontario & Toronto Land Transfer Tax Calculator

Calculate your land transfer tax for properties in Ontario, including the additional Toronto municipal tax. See potential first-time buyer rebates.

$800,000
$100K$3M

Tax Breakdown

Ontario Land Transfer Tax$12,475
Toronto Municipal LTT$12,475
Total Before Rebates$24,950
Total Land Transfer Tax$24,950

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Understanding Land Transfer Tax in Ontario

Land Transfer Tax (LTT) is a provincial tax paid when you purchase property in Ontario. If you're buying in Toronto, you'll also pay the Toronto Municipal Land Transfer Tax, effectively doubling your tax burden.

Ontario LTT Rates

  • 0.5% on the first $55,000
  • 1.0% on $55,001 to $250,000
  • 1.5% on $250,001 to $400,000
  • 2.0% on $400,001 to $2,000,000
  • 2.5% on amounts over $2,000,000

First-Time Buyer Rebates

First-time home buyers may qualify for rebates of up to $4,000 on Ontario LTT and up to $4,475 on Toronto Municipal LTT. To qualify, you must be 18 years or older, a Canadian citizen or permanent resident, and have never owned a home anywhere in the world.